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rrvpvls
In addition, we have to add Professional Tax and Labour Welfare Fund Contributions also for arriving F & F of an Employee.
From India, Madras
amitshah
7

Hi,
I think you have got the answer on your query raised by you on PF consulting. You need to sent them to consultant. You fill the form 19 and 10C and give it to your consultant for clearance.
Thanks,
Amit Shah

From India, Mumbai
kishore43
Hi all ,
need some guidelines from you all.I had 1 year exp in to recruitment prior my MBA and after my MBA i joined a global organizaton.I joined here as an onboarding co ordinator -HR.will this role be helpfull for me to my HR career in my future. if yes, how long should i sustain in this mechanism.Please give your suggeston

From India, Madras
pradeepkodukulla
Hi Suhrita Please find the sample F&F Settlement Form which we use in our company. you may inculde certain other things pertaining to F&F settlement. Regards, pradeep.K
From India, Hyderabad
Attached Files (Download Requires Membership)
File Type: xls Janaki Ramaiah.xls (21.5 KB, 87 views)

raghudeepala
1

In final settlement PF & ESI will not be considered. Dont get confused, it should not be included. Raghunath Deepala
From India, Visakhapatnam
ram432
hi suhritaguin,
how r u?
hope u got lot of information.
i would like to add some points which has already discussed.
1. Check the employee date of joining (who submitted resignation).
2. Check the probation period as per company norms whether it is 3 months or 6 months or 1 year.
3. Check whether the employee has served notice perion as per company norms.
4. Also check whether he has got clearances from all the deaprtments ( Mobile connection, laptop / desktop hand over and other company assets)
5. Check the employee's leave quota
6. Check whether any dues are to be recovered from the employee.
7. Based on above details, you can prepare F&F

From India, Mumbai
sameer_rwr
1

The following can also included-: Conveyance deduction Leave encashment Mobile deduction -paid and unpaid bills welfare fund any other advance regards sameer
From India, Delhi
Hemalatha
17

Hi,
Also add the unclaimed reimbursements to be paid and taxed along with settlements, which is very crucial. And, performance linked pay , statutory bonus based on management's decision.
Include necessary income tax proofs to provide income tax exemption and tax the settlement accordingly. Thanks
Regards
Hema

From India,
jayesh1
31

Its Include
1. Previous Moth Salary if any Hold
2. Current Month Salary
3. Proportionate Leave Encashment (PL , CL)
4. Deduct Notice Period ( if any short fall )
5. Deduct PF / ESIC / PT / IT/Canteen Facility
6. Deduct any arrears (Loan )
7. Receiving back All document / laptop /Mobile (If compnay provide to Him/Her)

From India, Vadodara
Kaja Mallikarjun
5

Hai Friends, one think i’m couldn’t understand about is ESI deduction included in full & Final settlement?
From India, Hyderabad
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